With the outlines of a deal in place, the legislative package could be drafted and shared with lawmakers in time for votes early next week in the House and later in the Senate.
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President Biden, House Speaker Kevin McCarthy strike tentative debt ceiling dealPresident Biden and House Speaker Kevin McCarthy have struck a tentative deal to raise the debt ceiling on Saturday night, sources close to the talks have said. The deal to raise the government&82…
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Biden, McCarthy reach debt limit agreement, per reportsPresident Joe Biden has reportedly struck a deal with House Speaker Kevin McCarthy to avoid plunging the United States into default.
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AP source: Biden, McCarthy reach 'agreement in principle' to raise debt ceiling as default loomsPresident Joe Biden and House Speaker Kevin McCarthy have reached an “agreement in principle” to resolve the looming debt crisis. That's according to a person familiar with the situation, who spoke on condition of anonymity because they were not authorized to speak publicly on the matter. They spoke by phone earlier in the evening as they raced to prevent a catastrophic debt default. With the outline of an agreement, a legislative package can be drafted in time for votes in Congress next week. That's ahead of a projected June 5 federal default. Negotiators have wrangled over a deal that would also making spending cuts that House Republicans are demanding.
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AP source: Biden, McCarthy reach 'agreement in principle' to raise debt ceiling as default loomsWASHINGTON — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5…
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AP source: Biden, McCarthy reach 'agreement in principle' to raise debt ceiling as default loomsWASHINGTON — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” late Saturday as they raced to strike a deal that to limit federal spending and
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